Stella Maris - Employee Benefits




			Employee Benefits Caregivers deserve to be cared for also. This is why Stella Maris offers eligible full time and part time employees a comprehensive benefits package which addresses their health, well-being, and financial needs. For more details about these and other benefits, simply click on a benefits option. Most of our benefits become effective the 1st of the month following 30 days of employment. Premiums, rates, and accruals may be pro-rated for eligible part time employees Medical Dental Flexible Spending Accounts Life Insurance Disability 401(K) Leave and Holidays Educational Assistance Additional Benefits MEDICAL Stella Maris offers two health insurance options through CareFirst BlueCross BlueShield. Both plans include: Prescription Drug Coverage Vision Coverage DENTAL Stella Maris offers dental insurance through CareFirst BlueCross BlueShield. The dental plan includes coverage for: General and Major Services Diagnostic and Preventive Services Orthodontic Services FLEXIBLE SPENDING ACCOUNTS Stella Maris offers both Health Care and Dependent Care Flexible Spending Accounts. Employees can set aside up to $5,000 per year for eligible health care and/or eligible dependent care expenses on a pre-tax basis. We make reimbursement easy. You can use your FSA for reimbursement of your co-pays and coinsurance, prescription drugs, even over-the-counter medical supplies. Flexible spending accounts are provided by Select Benefits. LIFE INSURANCE Stella Maris provides eligible employees Basic Life insurance in the amount of 1x annual salary to a maximum of $50,000. DISABILITY INSURANCE Eligible employees have the option to purchase Short Term and/or Long Term disability insurance. RETIREMENT PLANS Stella Maris offers a 401(k) Plan through Fidelity Investments Employees may contribute up to 100% of their income on a pre-tax basis up to the IRS maximum limit. Some employees over age 50 may be eligible for a catch-up provision up to the IRS maximum limit. After 1 year of service, participants are eligible to receive an Employer Match beginning the next calendar quarter. Stella Maris also offers a 403(b) Plan through Fidelity Investments. Employees may contribute up to 100% of their income on a pre-tax basis up to the IRS maximum limit. Employees will not receive a match on the deferrals on this plan. PAID LEAVE AND HOLIDAYS Stella Maris offers regular full time and eligible part time employees generous amounts of leave for vacation, personal, sick and holiday usage. Leave begins to accrue from the first date of employment and employees may begin using their leave after they have completed their probationary period. EDUCATIONAL ASSISTANCE Tuition Reimbursement Tuition reimbursement is available for eligible full time and part time employees who want to develop professionally or personally, or whose job requires more training. Tuition reimbursement is given in exchange for one year of employment at Stella Maris. Education Loan Employees who are eligible for the Tuition Reimbursement may apply for a Mercy Education Loan. This is an interest-free loan which is to be used to assist employees who need funds to begin their education. The Mercy Education Loan is given in exchange for one year of employment at Stella Maris. Nursing Scholarship Eligible employees may apply for the Barnickel Scholarship after one year of employment. This scholarship is provided to employees who wish to further their nursing careers in the long-term care field. ADDITIONAL BENEFITS Stella Maris offers many other voluntary benefits for employees including: Direct Deposit Stella Dollars Credit Employee Referral Bonus Pre-Paid Legal Insurance Employee Assistance Program Credit Union Membership through Atlantic Financial Federal Credit Union Cancer Insurance Long Term Care Insurance CPR Training Employee Recognition Programs